Process Sensing Technologies Acquired by DwyerOmega
Deal News | Nov 21, 2024 | William Blair Capital Partners
Process Sensing Technologies (PST), a leading global provider of advanced measurement and monitoring solutions, has been acquired by DwyerOmega. PST's portfolio addresses various industries, including pharmaceuticals, aerospace, and energy. With operations across Europe, North America, and Asia, PST is trusted in mission-critical applications. The acquisition is facilitated by William Blair Capital Partners, a reputable private equity firm with substantial investments in different sectors. DwyerOmega, known for its innovative sensor and instrumentation products, aims to enhance its market position through this acquisition. Meanwhile, AEA Investors, with a robust historical background and a vast network, focuses on leveraged buyouts and growth capital investments, managing funds of around $19 billion. Arcline Investment Management, another private equity player, operates with a philosophy towards technology-driven investments. The transaction represents a strategic move within the industrial technology sector, suggesting consolidation and growth strategies by the involved companies.
Sectors
- Industrial Technology
- Private Equity
Geography
- Global – PST operates globally with a presence in Europe, North America, and Asia; DwyerOmega also has a global footprint.
Industry
- Industrial Technology – Includes companies that provide measurement and monitoring solutions critical for industries such as pharmaceuticals and aerospace.
- Private Equity – William Blair Capital Partners and Arcline Investment Management are both part of this sector, driving investments in industrial and technology spaces.
Financials
- $9.1 billion – Arcline's cumulative capital commitments, indicative of substantial investment capability.
- $19 billion – AEA's managed funds, involved in leveraged buyouts and other investments.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Process Sensing Technologies | Target Company | Company | A leading provider of advanced measurement and monitoring solutions across diverse industries. |
| DwyerOmega | Bidding Company | Company | Leader in innovative sensors and instrumentation, acquiring PST to expand market reach. |
| William Blair Capital Partners | Private Equity Firm | Company | Facilitated the acquisition by DwyerOmega, significant player in PE market. |
| AEA Investors | Investment Firm | Company | Manages significant capital, involved in various investment assets, with a focus on leveraged buyouts. |
| Arcline Investment Management | Private Equity Firm | Company | PE firm with a focus on technology-driven industrial businesses. |